YSG - Why PriceSmart Shares Are Trading Higher By Around 5%; Here Are 20 Stocks Moving Premarket | Benzinga
Shares of PriceSmart, Inc. (NASDAQ: PSMT) rose sharply in today’s pre-market trading as the company posted better-than-expected earnings for its second quarter.
The company reported quarterly earnings of $1.31 per share, beating market estimates of $1.25 per share. PriceSmart’s quarterly sales came in at $1.29 billion versus expectations of $1.28 billion, according to data from Benzinga Pro.
PriceSmart shares surged 4.6% to $86.90 in pre-market trading.
Here are some other stocks moving in pre-market trading.
Gainers
- Marin Software Incorporated (NASDAQ: MRIN) shares rose 76.1% to $0.5054 in pre-market trading after the company announced upgrades to its Microsoft Corp (NASDAQ: MSFT) advertising integration.
- iCoreConnect Inc. (NASDAQ: ICCT) shares rose 46.4% to $1.64 in pre-market trading. iCoreConnect, last month, closed $2,375,000 convertible note financing.
- Nano Labs Ltd (NASDAQ: NA) gained 35.1% to $2.00 in pre-market trading. Nano Labs recently filed annual report on Form 20-F for fiscal year 2023.
- IN8bio, Inc. (NASDAQ: INAB) shares gained 20.2% to $1.31 in pre-market trading after the company announced new preclinical data ...